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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.6 years Service code 13 · EIN 27-2037969 | Contract Administrator | $99,286 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,235 | $83,023-4.6% | $102,437-22.7% | $77,762+1.9% |
| Participation rate | 48.8% | 71.5%-22.8pp | 74.5%-25.7pp | 70.6%-21.8pp |
| Annual return | 14.25% | 19.12%-4.9pp | 24.95%-10.7pp | 31.27%-17.0pp |
| Employer contribution / active EE | $952 | $3,552-73.2% | $3,871-75.4% | $2,728-65.1% |
| Participant deferral / active EE | $2,968 | $4,110-27.8% | $5,060-41.3% | $4,651-36.2% |
| Admin fee / account holder | $410 | $639-35.8% | $8,388-95.1% | $433-5.2% |